Capital Asset Exchange and Trading (CAE) Interview Questions | Glassdoor

Capital Asset Exchange and Trading (CAE) Interview Questions

30 Interview Reviews

Interview Experience

Interview Experience
34%
21%
43%

Getting an Interview

Getting an Interview
41%
35%
17%
5

Interview Difficulty

3.0
Average

Interview Difficulty

Hard

Average

Easy

Candidate Interview Reviews

Filter

Sort: Popular Date Difficulty

Filter

Sort: Popular Date Difficulty
  1.  

    Equipment Trader Interview

    Anonymous Interview Candidate in Redwood City, CA
    No Offer
    Neutral Experience
    Average Interview

    Application

    The process took 2 weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in January 2012.

    Interview

    The interview process consisted of 3 rounds.

    Rounds 1 and 2 were on the phone, and consisted of behavioral questions, going over previous work experience, sales experience, and reasons as to why you want to work at CAE.

    Round 3 consisted of an excel test (basic cell formatting, adding borders, changing font colors/backgrounds, etc), and 2 in person interviews -- 1 with a trader, and 1 with the director of trading.The interview was similar to the previous 2 rounds -- questions on why you want to be a trader, what motivates you, and any sales experience you may have. As the job entails meeting monthly sales quotas, and making 30-40 calls/day, they want to make sure you are a good fit. Traders make an average of 1-2 deals a month. The term position "trader" is a bit misleading, as you aren't trading financial securities, but acting more as a market maker, bringing together buyers and sellers of equipment (IE: lasers, manufacturing equipment, etc) and making a commission the difference between the 2 parties.

    Interview Questions

    • If there was a car that was valued at $10,000, but selling for $5,000, how would you get the funds to complete this transaction?   2 Answers
    • You don't seem to have any sales experience (personal or work related), why do you think you would be a good fit for this job?   Answer Question
  2.  

    International Sales and Trading Associate Interview

    Anonymous Employee in Redwood City, CA
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    The process took 4 days. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in January 2012.

    Interview

    I submitted my resume to CAE through a friend of mine working with the company. The next day a member of the recruiting team emailed me to set up a phone interview.

    On the phone interview I walked the gal through my resume and then answered 4 or 5 specific questions. What motivates you? Why do you want to work in sales? Why are you interested in leaving your current job? What is it that we do at CAE? There were also a few questions geared towards office culture, negotiation, and ultimately the ability to close a deal.

    After the phone interview there were in person interviews with a trader and members of the executive team. There is an excel test, written Q & A test, and a personality test as well.

    The process is quick and to the point and reflects the high pressure - fast paced workplace.

    Interview Questions

    • How would you go about finding an undervalued piece of equipment?   Answer Question
    • Where would you look for a buyer, for a tool you are selling?   Answer Question
  3. Helpful (1)  

    Capital Asset Trader Interview

    Anonymous Employee in Redwood City, CA
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    The process took 3 weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in December 2011.

    Interview

    I reached out to an HR employee of CAE on LinkedIn.com and sent her my resume along with a brief email describing my interest in the company. I heard back from her within a matter of days and scheduled a first round phone interview. I was on the East Coast and would be relocating for this job, so the total interview process consisted of a first round phone interview with HR, a phone interview with a Trader, a phone interview with the Director of Operations and Recruitment, and a final round in-person interview with 3 employees.

    The first phone interview was with an Internal Recruiting Specialist. It was pretty much what I expected for a first round interview and she was pleasant to speak with. Know your resume and have an idea of what CAE does.

    The next phone interview was with a Trader. He asked me a lot of detailed questions regarding my background and why I was interested in CAE. He also gave me some different scenarios and asked me how I'd respond to them, as well as some questions that tested my negotiating skills. The trader came from a finance background and definitely seemed like he knew his stuff. I asked him a number of questions about the market for capital assets and the strategies for trading them, and he gave me very detailed answers.

    The final phone interview was with the Director of Operations and Recruitment. This interview was similar to the one with the Trader, except it went into a little bit more detail with each of the questions regarding both the skills needed for the job and my work experience.

    My final round in-person interview consisted of an Excel Assessment and individual interviews with a Trader, the Director of S&T, and the VP of Sales. Each of these were similar to the phone interviews, except a little more in depth. They want to make sure that you will be a good fit for the highly competitive and high pressure environment of the company, and that you also possess the aptitude to be a successful trader.

    I came away from the interview experience being impressed with a number of things: the highly competitive, meritocratic environment (not for everyone, but exactly what I was looking for), the compensation package, the physical workspace (new buildings and great gym), and the people (high energy, all from top schools, many athletes and entrepreneurs, and most importantly they seemed like people I would enjoy working with).

    Interview Questions

    • Excel Assessment   1 Answer
    • Have you ever bought and sold anything with the express intention of making a profit?   Answer Question
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Interview Review


  5. Helpful (2)  

    Capital Asset Trader Interview

    Anonymous Employee in Redwood City, CA
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    The process took 2 weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in August 2011.

    Interview

    I had an initial phone interview with the head recruiter, and we spoke for close to an hour about my past educational and work experience. She also asked me specific questions regarding my knowledge of the negotiation process and the skills required to be an effective negotiator. I then had a similar phone interview with a trader a couple days later. He was very informative and seemed to enjoy his job and the benefits it provides. I was then asked to take a personality test and then come in to the office for in-person interviews. There I was given an Excel test and was asked to provide a writing sample answering general questions about my personality and goals. I spoke with another trader and then the Director and VP of Sales and Trading. They were all welcoming and we were able to connect on a variety of my past experiences. In the 1:1 interviews, more questions were focused on negotiations and how one can come to the most desirable agreement in the capital asset market. Overall, I had a very positive experience interviewing with CAE and I am very pleased that an offer was extended to me.

    Interview Questions

    • How would you convince a prospective seller to decrease the value of their equipment?   Answer Question
  6. Helpful (2)  

    Capital Asset Trader Interview

    Anonymous Employee in Redwood City, CA
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 4 days. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in August 2011.

    Interview

    CAE’s recruitment process was very quick and thorough. I was moved from the initial phone interview to the final round of interviews in less than a week! The recruiter did a great job of giving me a clear picture of my daily job responsibilities and was very honest about CAE’s fast-pasted, competitive environment.

    Before my in-person interview, I observed the trading floor while sitting in the waiting area. Everyone was on the phone, swiftly walking around to interact with each other. I even saw two guys high five and it looked like they had closed a deal. People seemed to be enjoying what they were doing and making a direct impact on the company.

    During my interview, I spoke with the Director of Operations and Recruitment and the Director of Sales and Trading. They both delivered a clear picture of the role and environment. I also was given a tour of the on-site gym with a pool, spa and rock-climbing wall! Then, I was invited back to meet with the CEO. He answered all my questions about the company’s history, vision and bright future. After the interview, I received a follow up call the same day!

    Overall, CAE seems like an extremely fast-paced company where you can really make an impact.

    Interview Questions

  7. Helpful (2)  

    Trader/Sales Interview

    Anonymous Interview Candidate in Redwood City, CA
    Declined Offer
    Negative Experience
    Average Interview

    Application

    The process took 2 weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in March 2011.

    Interview

    First I received an email from the leading HR person asking to schedule a phone interview. I later spoke with her for about 15 minutes discussing my resume and other basic things. Thanks to an earlier Glassdoor posting :) it was clear what type of personality I needed to convey, so I presented myself as an excessively confident, compensation-focused person. This was very well received. Throughout the interview, I made progressively cockier statements (nothing inappropriate, just things like "of course I want a meritocracy, since I'm awesome" paraphrased, of course).

    There was one more phone interview with the VP of Sales. Same deal as the first interview. The onsite interview was a bit shocking. The place reminded me of the movie Boiler Room. I was immediately turned off by the negative, almost sick ambience of the place. One of the traders I met with clearly had no interest in me or his job, and was very straightforward about how most people there were miserable. I don't think was to weed out undesirable candidates--this person was genuinely unhappy. I met with the VP of Sales, CEO, and a trader. They don't seem to know anything about semiconductor equipment (my one night of preparation seemed to give me more knowledge than they had, and furthermore, even the VP of Sales seemed unable to understand basic financial concepts. Everyone there seemed like a total salesman, with the exception of the CEO who seems to be milking the situation like Gordon Gecko, with no long term plans for the place.

    No one there was rude or unprofessional, it just seemed like they were very, very stressed out and unhappy, and I was seeing them at their worst. Also,

    Interview Questions

    Reasons for Declining

    This place was scary. I genuinely feel sorry for the people there. They seem like good people who were traumatized into some sort of miserable existence. I only recommend this place if you have absolutely no other options. You won't gain any solid transferable experience, and no one will even recognize the soldier you are for enduring, since this place is relatively unknown.

  8.  

    CAE Trader Interview

    Anonymous Interview Candidate in Redwood City, CA
    No Offer
    Neutral Experience
    Average Interview

    Application

    The process took 2 weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in February 2011.

    Interview

    I had two interviews by phone. The first interview was pretty easy and was only aimed to get to know who you are. The second interview is a little bit tricky. It's set up to seem like an informative session. However, they are looking for people who are money hungry. If you fit any other profile you will not be offer a 3rd round. They want to see fire and hunger in you.

    Interview Questions

    • What motivates you in life?   1 Answer
  9. Helpful (2)  

    Capital Equipment Trader Interview

    Anonymous Interview Candidate in Redwood City, CA
    No Offer
    Negative Experience
    Average Interview

    Application

    The process took 4+ weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in January 2011.

    Interview

    Initial Contact and Two Phone Interviews:

    Contacted the Recruiter and I had a phone interview with her the same week. During the phone interview I was just asked a few basic questions about my work and school experience. After a successful first phone interview I was scheduled to have a second phone interview with one of the traders. The second interviewer was more informative and asked all my questions in great detail. Again I did well and within a few hours I was notified that they wanted me to come in for an in house interview. They did not offer to fly me out for the interview or reimburse me for my travel expenses. Despite this I went ahead and booked my ticket from Phoenix to the Bay Area.

    In-House Interview:

    In an email they prompted me to arrive 15 minutes prior to my 3 pm interview for some "paperwork." The "paperwork" consisted of the following behavioral questions, e.g."What words will your peers use to describe you?" "What will you bring to this organization?" etc. Immediately after completing 4 of these questions and with less than 10 minutes before the interview I am given a prompt for an "Excel Test." that was to be taken on a Mac.

    The "Excel Test" required me to create a table with instructions on how to boil water. Sounds simple enough but there were about 20 steps that I had to follow with very tedious and specific formatting instructions. Needless to say, I was not able to complete the test within the time constraints.

    1st Interviewer:

    The first interviewer was a lady who immediately commented on the fact that I did not finish the test in time. I responded that although I have done many projects on Excel, I had never did any of the tedious formatting required in such a short period of time. She mainly emphasized that the job was very stressful, filled with aggressive Type-A personality types. She emphasized the long-hours and the fact that it is a cutthroat environment. She also explained that the employees at this job value money more than anything. Our interview finished in about 20 minutes.

    2nd Interviewer:

    My interview with this gentleman was one of the worst experiences that I have had in a professional setting. He begins by comparing his academic achievement with my own by saying that he completed 3 majors in the time that it took me to complete one. He spent most the time talking about himself than taking the time of day to get to know about me. It was obvious that he did not take the interview seriously and was using it as a time to gloat about himself and belittle me. While I was answering a question he rudely picked up his phone and took a personal call. Towards the end of the interview I was asked three brain teasers. 1. How many dogs in the world have exactly the same number of hairs? 2. What is the probability that 3 ants that each start walking from their respective corners of a triangle will not collide with each other? 3. What is the probability that you will roll a 7 if you roll two dice five times?

    I interviewed on the 11th on January and have not heard back from the company. I can tell you that from my experience with the second interviewer, I absolutely do not want to work for this company even if they give me a 6-figure offer. My advice for anyone interviewing this company is to be ready to deal with arrogant and ego-centric individuals.

    Interview Questions

    • How many dogs in the world have the same exact number of hairs?   3 Answers
    • What is the probability that three ants that begin walking from their respective corners of a triangle will not collide with each other?   1 Answer
  10.  

    Capital Trader Interview

    Anonymous Interview Candidate in Redwood City, CA
    No Offer
    Neutral Experience
    Average Interview

    Application

    The process took 4 weeks. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in January 2011.

    Interview

    Interview consisted of:
    -HR call to explore possibility of a mutual fit
    -1:1 phone interview with managing director
    - In person interview with 4 members of the team
      - Trader
      - Senior Trader
      - VP of Sales
      - CEO
    - Excel Assessment before the group interview begins

    Questions:
    - Know your resume and your applicable skills/experiences
    - "How do you handle stress?"
    - In general, prepare for a grilling

    Interview Questions

  11.  

    Capitial Asset Trader Interview

    Anonymous Interview Candidate in Redwood City, CA
    Declined Offer
    Negative Experience
    Difficult Interview

    Application

    I applied through an employee referral. The process took 5 days. I interviewed at Capital Asset Exchange and Trading (CAE) (Redwood City, CA) in February 2010.

    Interview

    Intimidating phone interview followed by and equally intimidating interviews with employees.

    Interview Questions

    • Are you aware of the amount of time that you will be working on the daily and weekly basis.   Answer Question

    Reasons for Declining

    After speaking with other employees off the record decided that it was not the place for me. Seemed as though the company lacks work/life balance.

See What Capital Asset Exchange and Trading (CAE) Employees Are Saying

14 people found this helpful

Star Star Star Star Star   Current Asset Trader in Redwood City, CA

Pros: “Silicon Valley has always been a make it or break it atmosphere. The semiconductor business is no exception. While some people might like a lower key environment, people like me really...”“Silicon Valley has always been a make it or break it atmosphere. The semiconductor business is no exception. While some people might like a lower key environment, people like me really thrive in a job where things are happening literally every hour. CAE works for me since management is all about success and rewarding employees who can bring in the sales. It is a competitive environment but for the right person, who believes in their ability to exceed their own sales goals, CAE can be an enjoyable experience.” – Full Review

Don't Miss Out On a Job You Love
Upload a resume to easily apply to jobs from anywhere. It's simple to set up.